A researcher is trying to decide whether or not to add another variable to his model.He has estimated the following model from a sample of 28 observations.

He has also estimated the model with an additional variable X₃.The results are

What advice would you give this researcher? Use a .05 level of significance.

Question

A researcher is trying to decide whether or not to add another variable to his model.He has estimated the following model from a sample of 28 observations.

He has also estimated the model with an additional variable X₃.The results are A researcher is trying to decide whether or not to add another variable to his model.He has estimated the following model from a sample of 28 observations. He has also estimated the model with an additional variable X<sub>3</sub>.The results are What advice would you give this researcher? Use a .05 level of significance.

What advice would you give this researcher? Use a .05 level of significance.

Quizplus · Accepted Answer

The Answer of A researcher is trying to decide whether or not to add another variable to his model.He has estimated the following model from a sample of 28 observations. He has also estimated the model with an additional variable X₃.The results are What advice would you give this researcher? Use a .05 level of significance.

A Researcher Is Trying to Decide Whether or Not to Add